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Mar 18, 2013 11:00pm PDT
, paulson called the then-c.e.o. bob williamson. calls him on the phone and says we're going to give you one opportunity, the only one, you're going to get $85 billion, we'll lend you $85 billion at 14.5% interest everybody getting access to the fed window is down 1.5% to 2%. and we're going to take 79.9% of the equity. then he said incidentally, you're fired. sign the agreement. he said no, you've just fired me why would i sign the agreement? so he sends in ed liddy. ed liddy is on the goldman board he signs the agreement and resigns from the goldman board three days later of the $85 billion, $65 billion goes out the back door. $14 of it goes to goldman sachs. >> rose: the reason i am telling this story is because it is at the heart of the suit you have filed on behalf of stockholders. thnotion that there was a deal made that the bailout deed was not in the interest of the shareholders of a.i.g. that's the essential argument you're making. >> yes, it was the takings, we have the constitution that says you can't -- government can't take property without compensation. >> rose: why do you thin
Search Results 0 to 2 of about 3 (some duplicates have been removed)